4170 Elm Grove Rd

Property description

Rare 152-Acre Development Opportunity in Rapidly Growing Belton, Texas This approximately 152-acre tract on Elm Grove Rd in Belton offers an exceptional development opportunity in one of Central Texas’ fastest-growing communities. A current development approach envisions approximately 120 residential lots, creating the potential for a substantial new community in a market experiencing continued growth and demand. Preliminary projections indicate individual finished lots could potentially be valued from approximately $400,000 to $1,000,000 each, depending on location, size, amenities, and final development plans. A major highlight is the property’s Lampasas River frontage, with approximately eight potential riverfront homesites. These premium lots could provide a highly desirable waterfront amenity and significant additional value to the development. The property also includes a small one-bedroom home that needs work and a large outbuilding, offering existing improvements with potential utility during the development process. Located in Belton with convenient access to Temple, Salado, Georgetown, Austin, and major Central Texas employment corridors, the property combines development potential with a desirable location and natural setting. With approximately 152 acres, a development approach for 120 homesites, potential lot values of $400,000–$1,000,000 each, and rare Lampasas River frontage, 4170 Elm Grove Rd presents a compelling opportunity for developers, builders, and investors seeking a significant Central Texas development tract. Development approach, lot count, density, lot values, utilities, access, and feasibility are subject to verification and applicable governmental approvals.